12/2/06

Trading places: Slate's Daniel Gross points out that the Democrats aren't the only party reverting to a protectionist agenda.

There's one final and very important Republican failure when it comes to free trade. Free trade is not simply getting cheap goods from China. It's about creating the social and political conditions favorable to the continued expansion of trade.... Rightly or wrongly, many Americans, even those who reap the gains of free trade daily, identify free trade and globalization with their declining financial security. And the response of President Bush and the congressional Republicans has essentially been, "tough."